U.S. Treasury Secretary says the gold sell-off is speculative, not structural.
Translation: weak hands are exiting — the gold trade itself isn’t over.
Key Takeaways:
🟡 Gold → speculative unwind
🔄 Market cycles → still expanding
🏦 Fed → no rush to shrink the balance sheet
🧭 Policy → stability, not panic
Why it matters:
When gold cools without liquidity tightening, capital doesn’t vanish — it rotates. Historically, that’s when Bitcoin starts catching bids as the higher-beta hard asset.
Add this to:
🇺🇸 Saylor hinting at more BTC buys
📉 Gold shaking out hot money
💧 Liquidity staying patient
BTCUSDT
Perp
68,805.8
-2.27%
XAUUSDT
Perp
5,006.12
-0.92%
Narrative forming:
Old hedge consolidates → new hedge absorbs flows.
Not a macro sell signal.
More like rotation season 👀🟠